RBI will have to come in and directly buy govt bonds and commercial paper, because banks are just too scared to do so. You can give banks as much money as you want, they won't lend it.
— Deepak Shenoy (@deepakshenoy) April 12, 2020
(They aren't even cutting interest rates, FFS. )
via Twitter https://twitter.com/deepakshenoy
April 12, 2020 at 11:49PM
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